966 Bluegrass Lane, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 3 bath

966 Bluegrass Lane, Los Angeles, California 90049 home-pic-0

966 Bluegrass Lane

Los Angeles, California 90049

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
3,109Sq Ft
16,046Lot Size

Property Price

LIST PRICE$2,995,000
EST. MARKET VALUE
$2,995,000

SUMMARY

Analysis of 966 Bluegrass Lane, Los Angeles, California 90049 reveals a Fairly Priced Property with a current list price of $2,995,000  aligned with the estimated $2,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,995,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
966 Bluegrass Lane
Subject
$2,995,000*
List Price
333,109$963-
A
1024 Lindenwood Lane
Sold
$3,535,000332,898$1,2200.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property, built in 1977, has clearly undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The description highlights a 'stunning modern estate,' 'designer chef's kitchen,' and 'spa-like bathroom,' all of which are visually confirmed in the images. The kitchen features modern stainless steel appliances, high-end cabinetry, and granite countertops, all in excellent condition. The primary bathroom is particularly impressive with its contemporary design, dual vanities, freestanding tub, and large walk-in shower. Hardwood flooring is consistent throughout the main living areas and bedrooms, appearing new or recently refinished. The overall aesthetic is clean, bright, and modern, with no signs of deferred maintenance. While the original build year is older, the comprehensive updates bring it to current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16046, living area = 3109.

  • Prestigious Location

    Situated in the highly desirable Crestwood Hills area of Brentwood, offering an exclusive and sought-after Los Angeles address.

  • Sweeping City & Ocean Views

    The property boasts breathtaking panoramic city lights and ocean views, enhancing its luxury appeal and providing a stunning backdrop for daily living.

CONSRISKS & DEFICIENCIES

  • Property Age

    Built in 1977, while described as modern, the original construction year may raise questions about the age of underlying systems (plumbing, electrical, HVAC) if not explicitly updated.

  • Price Reduction History

    The property has undergone multiple price reductions since its original listing, which could suggest initial overpricing or market resistance, potentially impacting buyer perception.

  • Lack of Pool/Spa

    Despite having multiple oversized decks and a generous lot size, the description does not mention a pool or spa, which is often a desired amenity for luxury estates in this price range and location.

About 966 Bluegrass Lane

Welcome to this stunning modern estate in the heart of Crestwood Hills, Brentwood. Spanning two levels, the home boasts sweeping city and ocean views. The expansive primary suite includes a spa-like bathroom, spacious walk-in closets, and a serene sitting area. Enjoy an open-concept living room, a designer chef's kitchen, and multiple oversized decks perfect for soaking in the scenery. The outside decks are ideal for sipping your morning coffee or dining al fresco, creating a seamless blend of comfort and sophistication. Whether entertaining guests or watching the sunset, this home offers the ideal setting for elevated living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1977
Lot Size
16,046 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
33%
Baths3.04.0
37%
Square foot3,1093,092.5
50%
Lot Size16,04611,710
64%
Price$3.00M$3.81M
25%
Price per sq ft$963$1.3K
18%
Built year19771958
76%
HOA$0$0
50%
Days on market200182
59%

Pricing History

Listed for Sale

Oct 26, 2025

$2,995,000

$3,095,000

-3% Price Drop

Initial Listing

Price Change

Oct 17, 2025

$3,095,000

$2,999,950

+3% Price Increase

Initial Listing

Price Change

Oct 16, 2025

$2,999,950

$3,099,999

-3% Price Drop

Initial Listing

Price Change

Aug 18, 2025

$3,099,999

Initial Listing

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